31 Drake Rd Somerset, NJ 08873

Built 1962 · ResidentialNew owner since Jun 18, 2026Recent mortgage Jun 18, 20261 owner signal on a paid plan
Assessed
$522,100
Last sale
$650,000Jun 18, 2026
Built
1962
Size
1,903 sq ft
Status
No open cases

Property information

Block
369
Lot
2
Qualifier
—
County
Somerset
Municipality
Franklin Twp
Tax map page
8301
Land description
70X200

Building details

Building class
17
Description
1SF 1G
Dwellings
1
Zoning
R10
Square feet
1,903
Acreage
0.32 ac

Assessment

Land value
$282,800
54%
Improvement value
$239,300
46%
Total assessment
$522,100
Sale assessment
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Tax (2024)
$8,135

Records

Recent mortgage
Jun 18, 2026

Owner mailing

Street address

Property information on this site is compiled from public sources and is provided as-is; we do not guarantee its accuracy.

22 events · 1962–2026

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  • Deed recorded

    +122% vs 2003
    $650,000
    Held20.2 yrs
  • Mortgage recorded

    Instrument2026017208CountySomerset
  • 5 years
  • Mortgage recorded

    Instrument2021001167CountySomerset
  • Mortgage discharged

    Instrument2021000125CountySomerset
  • Mortgage recorded

    Instrument2018010169CountySomerset
  • Mortgage recorded

    Instrument2018005534CountySomerset
  • Notice of settlement recorded

    Instrument2018003336CountySomerset
  • Mortgage discharged

    Instrument2018002740CountySomerset
  • 5 years
  • Mortgage discharged

    Instrument2013033191CountySomerset
  • Mortgage discharged

    Instrument2010016126CountySomerset
  • Mortgage recorded

    Instrument2007067159CountySomerset
  • Mortgage recorded

    Instrument2006034943CountySomerset
  • Mortgage discharged

    Instrument2006030031CountySomerset
  • Mortgage discharged

    Instrument2003135103CountySomerset
  • Deed recorded

    +21% vs 2002
    $292,500
    Held1.3 yrs
  • Mortgage recorded

    Instrument2003122721CountySomerset
  • Deed recorded

    +182% vs 1983
    $242,500
    Held18.5 yrs
  • Mortgage recorded

    Instrument2002056613CountySomerset
  • Notice of settlement recorded

    Instrument2002048508CountySomerset
  • 18 years
  • Deed recorded

    $86,000
  • 22 years
  • Property Built

YearProperty taxChangeLandImprovementAssessment
2024$8,135+0.9%$282,800$239,300$522,100
2023$8,063+12.3%$282,800$163,700$446,500
2022$7,180+0.1%$217,900$163,700$381,600
2021$7,172+1.4%$158,400$163,700$322,100
2020$7,072+3.3%$149,900$163,700$313,600
2019$6,848+4.2%$141,400$163,700$305,100
2018$6,573+2.3%$128,700$163,700$292,400
2017$6,428+5.6%$115,900$163,700$279,600
2016$6,085+3.2%$107,400$163,700$271,100
2015$5,895+4.9%$94,700$163,700$258,400
2014$5,619-6.4%$90,400$163,700$254,100
2013$6,002-0.7%$81,900$163,700$245,600
2012$6,043+4.8%$107,400$163,700$271,100
2011$5,767-2.3%$120,200$164,300$284,500
2010$5,901-18.8%$120,200$164,300$284,500
2009$7,266+2.4%$149,900$164,300$314,200
2008$7,093+1.6%$180,000$188,100$368,100
2007$6,983+4.1%$180,000$188,100$368,100
2006$6,705+8.2%$180,000$188,100$368,100
2005$6,199+1.9%$160,000$174,600$334,600
2004$6,084+14.7%$147,000$142,400$289,400
2003$5,305+12.2%$128,000$139,300$267,300
2002$4,726+12.0%$101,000$133,100$234,100
2001$4,221+1.7%$76,000$122,900$198,900
2000$4,151+6.5%$67,000$106,500$173,500
1999$3,898+7.2%$59,500$103,600$163,100
1998$3,635+3.2%$61,500$102,900$164,400
1997$3,521+4.8%$59,500$102,900$162,400
1996$3,358+8.9%$59,500$102,900$162,400
1995$3,084+23.1%$58,000$102,900$160,900
1994$2,5060.0%$58,000$102,900$160,900
1993$2,5060.0%$20,000$46,900$66,900
1992$2,5060.0%$20,000$46,900$66,900
1991$2,506+7.6%$20,000$46,900$66,900
1990$2,328+9.1%$20,000$46,900$66,900
1989$2,135—$20,000$46,900$66,900